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20121127
20121127
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about the idea of going off the fiscal cliff. alan krueger, the chairman of president obama's economic advisers, he spoke about what would happen if we go off this so-called fiscal cliff. in this report put out by the white house, american consumers will spend 200 billion less in 2013 if the fiscal cliff is not averted according to this white house report. jay carney went on to say in this press briefing that president obama believes and understands that in order to achieve a deal, a compromise, that everybody has to make tough choices and he remains committed. but this is what he said about social security -- the white house is less interested in tackling the rising costs of social security during the current talks. so that is what is the latest coming out of the white house on the fiscal cliff talks. the two sides not scheduled to meet face to face. as you heard from the prevent of the congressional leaders are the weekend and the two sides separately meeting this week in washington with business leaders and as we said, unions are planning protests on capitol hill. a lot to talk abou
it now? the obama administration will have an opportunity to look at these proposals in november and december and hopefully decide to take advantage of them and use them next year. also i am hopeful and will recommend that this not just be administrative action. congress should implement this, too. beyond that, we will have the proper recommendations with regard to other issues of security, jobs, efficiencies, innovation. this is such an important part of our economy in america. if we do not do it in the right way, we will make mistakes. when you legislate an atmosphere of crisis, where you have a mess on your hands, you quite often do not do it very well. yes, we are experiencing some good times in energy diversity now. it seems to me now is the opportunity and a fantastic time of challenge for us to develop an overall, the national energy policy to pull things together and plan for the future and not wait for another crisis. another crisis will come. when you look at the impact of energy throughout the world, what is happening with us and how we are all interrelated, it is obvi
will also hear from president obama, who signed the deficit reduction measure into law, part of the deal to raise the debt ceiling. first, senate majority leader harry reid and republican majority leader mitch mcconnell will talk on the senate floor about the january fiscal deadline. >> since our country voted to return president obama to the white house, i have spoken often about compromise. i remain optimistic that, when it comes to our economy, when it comes to protecting middle-class families from a whopping tax hike, republicans and democrats will be able to find common ground. president dwight eisenhower, a republican, once said, "people talk about the middle of the road as though it were unacceptable. there have to be compromises. the middle of the road is all usable space." so said white house and higher. -- dwight eisenhower. too often, we face off, not realizing that the solution rests somewhere in the middle. i remind everyone of one fact. this congress is one vote away from avoiding a fiscal cliff for middle-class families and small businesses. we can solve the greatest econo
and i believe at this particular time he's meeting with the president right now. president barack obama, and we look forward working with our mexican counterparts to make sure that we keep in mind that a secured strong prosperous mexico is in the best interest of the united states. mexico is not an enemy but it is a friend of the united states. and i think both benny thompson has been down to the border and michael mccaul has been down to the border. the rio grande does not unite the two countries but unites us together. also to the family of jamie zapata, losing a son is very, very difficult. and, again, we want to thank the family for providing this strong hero in a we can say jamie zapata was truly a hero of the united states. so members, i urge all my colleagues to support this bill by voting aye on h.r. 915. and with that i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from texas has announced that he's prepared to close and reserves. the gentleman from mississippi. mr. thompson: thank you, mr. speaker.
think particularly coming out of this -- obama out of a strong election. no one like gaddafi. no one liked libya. no one liked the soviets. it's doable. >> to partially answer the same question. the issue for many in congress is whether this negotiation quote-unquote allows iran to continue enriching at the 3.5% level or not. the historical position of the united states going back to the early 2000's has been that there should be a suspension of all enrichment as a confidence-building measure. from what you're saying, jim, we're well past that point and iran has a lot of truth on the ground in terms of additional centrifuges and they want the -- their so-called right under the nonproliferation treaty to be recognized. the question is at what level do they continue. >> i think there's also -- i agree with that. i want to go on here. there is a debate over countries have the right to enrich. they have a right to peaceful activities. there's some ambiguities about that. people disagree. both the iranians have said, offered this as a principle. i think it's important to have principles t
's almost always the wrong question. >> there is one federal policy change that says a second term obama administration might push. is there one that comes to mind? >> i would like to see -- i would like to see the conversation around gainful employment extend beyond the career and for-profit colleges to the entire sector and shining a light on more of the outcomes there. the second part to me is the biggest challenge with the gainful employment regulations as they stand now, we have suggested our own counter mechanism. the biggest problem is that it's an all or nothing access to cash. you either clear up our and have access to the federal loan dollars from title for -- from title 4, or you get zero out completely. the problem is -- you want to extend access to population to have not had a historical access to education. on the other hand, you are interested in quality in a very admittedly tough environment. you can make quality high because of the wage scale back the access. the other side, if you make that are too low, the lead in all the -- if you make the bar too low, you leave in al
of this year, i wrote president obama a letter indicating that i could not vote to raise the debt ceiling unless i saw substantial reductions in spending and structural changes in the way we do business in the united states congress and washington d.c. why i say there is no joy for me to be here today, in my view, we have failed to do either one. it would be irresponsible for us not to raise the debt ceiling. it would be equally irresponsible if we raise it without meeting the criteria i have outlined. while we will have a discussion of all of us as it continues today, and we will probably play quarterback after this is over to figure out what we have accomplished, in my view, it is important to know there are no such in this bill. there is only a reduction in the growth of spending. that reduction is so small. $21 billion reduced in the first year, in the growth and spending. dn kansas, we hear the worl "billion" and we think it is a lot of money. it is. they will think we are finally doing something significant. the truth is we spend $4 billion more each day than we take in. at $21 bill
Search Results 0 to 6 of about 7